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Today Bitcoin (BTC) price blasted through the $20,000 level and in the process, a record $7.9 billion in futures open interest was set. Although the price increased by 74% over the past two months, the total accumulated short-seller liquidations amounted to $4.3 billion, which is lower than the $4.8 billion
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This is an opinion. The Crown Netflix show saw a rise in interest in the marriage of Prince Charles and Princess Diana. The “woke” generation, who weren’t around to see the real thing, has adopted the fictional account as gospel. Prince Charles isn’t threatened by the renewed interest in his former wife. But
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There was a time when BitMEX derivatives exchange reigned sovereign over other exchanges, and the company effectively held a 50% market share until July 2019. For this reason, traders kept a close eye on every indicator connected to BitMEX, including its funding rate, open interest, and basis.Open interest measures the
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Bitcoin is nearly at $20,000 once again and to the surprise of the crypto community, Google Trends search
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Open interest surged to $976 million Monday. Source
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Bitcoin is gyrating amid rallying global stock markets while ether options traders ramp up open interest as the Ethereum network heads for an ambitious upgrade.Bitcoin (BTC) trading around $15,384 as of 21:00 UTC (4 p.m. ET). Gaining 0.05% over the previous 24 hours.Bitcoin’s 24-hour range: $14,845-$15,842BTC above its 10-day and
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Central banks meeting in Russia said the coronavirus pandemic is a driving force behind growing interest in national digital currencies. Source
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The open interest on Bitcoin (BTC) options contracts has reached a new all-time high at $2.9 billion. Interestingly, this feat happened only five days after the October expiry, which liquidated $400 million worth of options.Bitcoin options total open interest. Source: SkewOver the past six months, the options market has grown
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In an interview with Cryptox, Hedera Hashgraph CTO Leemon Baird said that while interest in blockchain greatly increased in 2020, he expects much bigger things to come in 2021.Baird, who holds a doctorate in computer science from Carnegie Mellon University, explained that “the world as a whole looks at this industry
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Yearn.finance’s YFI token failed to gain any momentum following yesterday’s sharp rebound following a brief dip below $10,000. The
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